If you lose the capacity to make your own decisions and you have not registered an enduring power of attorney, no-one will be able to make any decisions about your property, assets and finances with legal authority. A power of attorney filed in the land title office may be revoked by filing a notice of revocation in the form approved by the director, or by filing other evidence that, in the opinion of the registrar, is sufficient to effect a revocation. If the power of attorney has not been file the principal may lodge a caveat under section 283.
What is an enduring power of attorney? Can a power of attorney be recorded? Registering a power of attorney. This document is important if you were to lose capacity in the future to make independent and informed financial decisions, or no longer wanted the responsibility.
ENDURING POWER OF ATTORNEY BASED ON A CONTINGENCY. If a power of attorney is to come into effect only upon a specified contingency being met , i. Land Titles Office until the contingency has occurred. A notarially certified copy of the original is unacceptable unless authorized by a court order or fiat. Where the Adult is unable to attend before a BC lawyer or notary, the following alternative method to witness and confirm the Adult’s signature may be used.
Enduring power of attorney. An enduring power of attorney is a legal document that allows you (the principal) to nominate one or more persons (referred to as attorneys) to act on your behalf. Taking the time to make an enduring power of attorney means your financial affairs can be looked after by someone you know and trust. It need not be completed at the time that the enduring power of attorney is made or signed.
Power of attorney after 16.